Another month has zipped by – amazing! I can’t wait for the hotter weather to be over and done with, as I’m just not much of a sun worshipper! Anyway, here we go – my aims for July 2018 – the results!
money
What you need to know about a Trust Deed
Roll back 5 years or so and I had debt. Quite a bit. We had moved into a home together, got married and needed to furnish our home in a short space of time. While we were fortunate, that our parents helped out a little with money, we paid for the bulk of our wedding and furnishing our home ourselves. While we managed to work hard and get out of debt by repaying everything, I know this isn’t always an option. Today I’m bringing you a collaborative post to let you know what you need to know about a Trust Deed, to help you work out if it is the right debt solution for you.
Saving for the future with a JISA from Wealthsimple
Being a parent is so challenging at times. Emotionally, physically and financially. From the day our daughter was born, back in March 2016, we started a savings fund for her. Each month, when Thomas gets paid, we put away a small fixed sum of money for Daisy. This just comes out automatically, and moves to a savings account, and is basically painless. We don’t miss the money, and it goes before we allocate our money to bills, savings and spends. It isn’t a vast sum but it soon adds up and Daisy is already into the early thousands with her savings, just from these small amounts. Recently I have been thinking about the long-term, and the best way to grow Daisy’s money, for her future, without having to increase the amount of money that we are saving. Today I want to talk to you about Junior ISAs, or JISAs, as they are often known, from Wealthsimple. I have been toying with the idea of opening one and think I’m ready to take the leap!
Aims for June 2018 – the results
Wow – that was over fast wasn’t it?! Soon be back to the lovely cold weather that I love. Soon be time for Winter Wonderland at Centerparcs. I swear life just seems to zip by so fast every year once January and February are out of the way. Anyway, here we go – my aims for June 2018 – the results!
A millennial’s guide to planning for retirement
This is a guest post by Paul Farrugia, Partner & Chartered Financial Planner at Equilibrium Asset Management.
Planning for the future is a concept that many young people tend to ignore, preferring to focus on the here and now. Creating financial safety can be hard work so while it’s understandable why some people sweep this under the rug, ignoring this can lead to financial worries later in life.
In a recent survey, Equilibrium Asset Management found that 81% of millennials – those aged in 2018 between 22 and 37 years old – don’t have an investment or pension goal in place. Failure to have this type of objective could actually leave young people out of pocket further down the line.
